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Natho

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  1. Hi all. I am hoping someone can help with an explanation on the price movement of an options trades I have open at the moment. I purchased a 28000 Call Option (June 20 expiry) when the dow was trading about 21500. Last night at approximately 6:40pm Australian Eastern Standard Time my position was up approximately 15% when the dow was trading at 22200. In less than 5 minutes I witnessed my position turn to 50% down with no justification. The dow only moved a few hundred points down. The dow finished up last night at 23185 and my position is still approximately 50% down. This isn't making any sense. I'm not new to options and am highly confused. I'm hoping an experienced trader may be able to provide an explanation to this. I have contact IG markets last night by phone which timed out after an 18 minute wait, then sent an email and still waiting on a response. Many thanks Natho
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